Weyerhaeuser Company · NYSE:WY
Weyerhaeuser — UBS Global Paper & Forest Products Conference 2006
14 slides from Weyerhaeuser's conference presentation, Sep 19, 2006
Slide 1: UBS Global Paper & Forest Products Conference
UBS Global Paper & Forest Products Conference Steve Rogel, Chairman, President and Chief Executive Officer Patty Bedient, Senior Vice President, Finance and Strategic Planning New York City September 19, 2006
Slide 2: Forward-looking Statement
Forward-looking Statement This presentation contains statements concerning the company's and "new Domtar's" future growth, results of operations, performance and business prospects and opportunities that are forward-looking statements within the meaning of the Private Securities Litigation Reform Ac
Slide 3: 2006 Accomplishments to Date
2006 Accomplishments to Date Executing business strategy to improve performance Implemented new business model for Containerboard, Packaging and Recycling business Launched iLevel brand and implemented strategy Completed divestiture of Composite businesses Focused cellulose fiber strategy on value-a
Slide 4: 2006 Accomplishments (cont'd)
2006 Accomplishments (cont'd) Investing for growth Acquired Maracay Homes Purchased timberlands and started-up industrial plywood facility in Uruguay Returning value to shareholders Increased dividend 20% to $0.60 per share Executing 18 million share repurchase program Creating new leader in fine pa
Slide 5: Transaction Impacts on Weyerhaeuser
Transaction Impacts on Weyerhaeuser 1) Includes Discontinued Operations sales of $198 million 2) See GAAP reconciliation slide (Appendix 1) 3) Excludes WRECO capital spending (unaudited) 1st Half 2006 As Reported 1st Half 2006 Pro Forma Assuming Transaction Revenue (1) $11.171 Billion $9.674 Billion
Slide 6: Weyerhaeuser Post Transaction Portfolio
Weyerhaeuser Post Transaction Portfolio WRECO 15% Revenue: $9.7 Billion - YTD June 2006 Timberlands 6% Wood Products 45% Cellulose Fiber 8% Containerboard, Packaging & Recycling 24% Other 2% Note: Pro forma, unaudited, estimated
Slide 7: Core Business Strategies
Core Business Strategies Optimize and grow Internal and external growth opportunities in demographically attractive markets Residential Industrial iLevel - New residential structural frame focus Integrated solutions for the production builder Five businesses to one Single point of contact High value
Slide 8: Financial Priorities
Financial Priorities Maintain Weyerhaeuser's target capital structure Reduce debt with proceeds of fine paper transaction, as required for the transaction to be tax-free Complete the previously authorized 18 million share repurchase program Fund selective growth in certain businesses Continue capita
Slide 9: Transformative Transaction to Create Fine Paper Leader - the New Domtar
Transformative Transaction to Create Fine Paper Leader - the New Domtar Leadership position in Fine Paper market with enhanced scale and asset quality Competitive cost profile Annual transaction synergies estimated at $200 million Experienced leadership and workforce
Slide 10: Weyerhaeuser: Creating Shareholder Value
Executing business strategy to improve performance Investing for growth Returning value to shareholders Weyerhaeuser: Creating Shareholder Value
Slide 11: Slide 11
Slide 12: Appendix 1: GAAP Reconciliation for Weyerhaeuser EBITDA without Fine Paper and Related Assets
Appendix 1: GAAP Reconciliation for Weyerhaeuser EBITDA without Fine Paper and Related Assets
Slide 13: Steven R. Rogel, Chairman, President and Chief Executive Officer
Steven R. Rogel Chairman, President and Chief Executive Office In 1966 he began his career with St. Regis Paper Company, where he worked until 1970. From 1970 to 1972 he was assistant manager at St. Anne-Nackawic Pulp and Paper in Nackawic, N.B., Canada. He joined Willamette in 1972 as technical dir
Slide 14: Patricia M. Bedient, Senior Vice President, Finance and Strategic Planning
Patricia M. Bedient Senior Vice President, Finance and Strategic Planning Patricia M. Bedient was appointed senior vice president, finance and strategic planning in February 2006. From February 2003 to 2006 she served as vice president, strategic planning. In her new role she will manage the integra
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